Las Vegas Real Estate Market Report: 01/11/12

This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of January 11, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 8,941 (-100, Last Week 9,041)
Under Contract – 10,089 (+107, Last Week 9,982)
Days of Supply – 27 (-1, Last Week 28)
Short Sales – 11,126 (+18, Last Week 11,108)

Condominiums and Town Homes (CONDO/TH)
Available – 1,563 (-33, Last Week 1,596)
Under Contract – 2,016 (+25, Last Week 1,991)
Days of Supply – 24 (-1, Last Week 25)
Short Sales – 2,102 (+1, Last Week 2,101)

Combined SFR + CONDO/TH
Available – 10,504 (-133, Last Week 10,637)
Under Contract – 12,105 (+132, Last Week 11,973)
Days of Supply – 27 (+0, Last Week 27)
Short Sales – 13,228 (+19, Last Week 13,209)